BML, Weixin Pay and Visit Maldives Forge Strategic Partnership to Boost Tourism and Digital Payments

Bank of Maldives (BML) has signed two key agreements with Weixin Pay and the Visit Maldives Corporation, marking a significant step toward strengthening the country’s digital payment ecosystem while enhancing the Maldives’ appeal to its largest inbound tourism markets.

The tripartite memorandum of understanding between BML, Weixin Pay and Visit Maldives sets the foundation for strategic collaboration focused on tourism promotion, visitor engagement and digital innovation. The partnership aims to support tourism development through joint marketing initiatives and digital activities, while ensuring a seamless and enriched travel experience for Chinese visitors to the Maldives.

Alongside the tourism-focused agreement, BML has also entered into a partnership with Weixin Pay to explore advanced payment technologies, including palm recognition and other seamless payment solutions. These innovations are expected to enhance accessibility, interoperability and overall convenience for Maldivian customers and merchants, aligning with the Bank’s broader digital transformation agenda.

To complement the agreements, BML and Weixin Pay hosted a dedicated Weixin Pay Ecosystem Sharing Session for leading Maldivian resorts, highlighting opportunities to better engage with China, the Maldives’ largest inbound tourism market. The session demonstrated how resorts can leverage the Weixin Pay ecosystem to improve digital payment acceptance, streamline services and elevate the overall guest experience for Chinese travelers.

Speaking at the event, BML’s CEO and Managing Director Mohamed Shareef said the partnerships reflect the Bank’s commitment to innovation and tourism-led growth. “We are proud to partner with Weixin Pay and Visit Maldives to deliver innovative and secure payment solutions for tourists and merchants. Through technologies like biometric and seamless payments, we will be enhancing payment experiences, supporting tourism growth, and empowering our merchants to meet the expectations of international visitors,” he said.

Bank of Maldives currently supports payment processing across all major credit and debit card networks, as well as leading digital wallets. Through its Merchant Portal and mPOS App, the Bank provides merchants with comprehensive online payment solutions, enabling real-time payment requests, efficient transaction monitoring and seamless management of online store operations, further reinforcing its role at the centre of the Maldives’ evolving digital economy.